M&A Deal Summary

Berkshire Hathaway Acquires Jordan s Furniture

On October 11, 1999, Berkshire Hathaway acquired retailer Jordan s Furniture

Acquisition Highlights
  • This is Berkshire Hathaway’s 6th transaction in the Retail sector.
  • This is Berkshire Hathaway’s 18th transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 1999-10-11
Target Jordan s Furniture
Sector Retail
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition

Target

Jordan s Furniture

East Taunton, Massachusetts, United States
Jordan's Furniture is truly one of the most phenomenal and unique companies. One of the most unique aspects of Jordan's Furniture is the incorporation of "shoppertainment' within the stores.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Berkshire Hathaway

Omaha, Nebraska, United States

Category Company
Founded 1839
Sector Diversified
Employees392,400
Revenue 424.2B USD (2024)
DESCRIPTION
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.

Berkshire Hathaway is a diversified holding company. Its subsidiaries engage in a wide range of business activities including insurance, utilities, renewable energy, freight rail transportation, finance, manufacturing, retailing, and business services. Berkshire Hathaway was founded in 1839 and is based in Omaha, Nebraska.


DEAL STATS #
Overall 18 of 70
Sector: Retail M&A 6 of 9
Type: Add-on Acquisition M&A Deals 15 of 47
State: Massachusetts M&A 1 of 1
Country: United States M&A 18 of 65
Year: 1999 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-12-21 General Re

Stamford, Connecticut, United States

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. We work closely with our clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote our clients’ ongoing growth and success.

Buy $22.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-25 MidAmerican Energy Holdings Co.

Des Moines, Iowa, United States

MidAmerican Energy Holdings Company provides electric service to 2.2 million customers and natural gas service to 1.2 million customers worldwide. The Company manages and owns interests in approximately 8,300 net megawatts of diversified power generation facilities in operation, construction and development.

Buy $9.0B